Restrictive covenants: buyer beware
Manage episode 371098709 series 2921058
Property and law intersect regularly, so it pays to know key legal issues that may impact your investment decisions.
One such area is restrictive covenants. These are private treaties or written agreements between landowners that limit the way land can be used and developed.
Many were introduced in the early part of last century, but can cause unsuspecting property investors a great deal of pain in the present day.
For expert advice on avoiding such pitfalls, Jarrod spoke to one of Melbourne's best property lawyers, Justin Lawrence from Henderson & Ball law firm.
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